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Bertrand colludes more than Cournot

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Author Info
Suetens S.
Potters J.

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Abstract

On the basis of evidence of past oligopoly experiments, we argue that there is often significantly more tacit collusion in Bertrand price-choice than in Cournot quantity-choice markets.

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File URL: http://www.ua.ac.be/download.aspx?c=*TEWHI&n=23608&ct=023227&e=89883
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Paper provided by University of Antwerp, Faculty of Applied Economics in its series Working Papers with number 2005037.

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Length: 7 pages
Date of creation: Dec 2005
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Handle: RePEc:ant:wpaper:2005037

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  1. Potters, Jan & Suetens, Sigrid, 2006. "Cooperation in experimental games of strategic complements and substitutes," Discussion Paper 48, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  2. Topi Miettinen, 2006. "Promises and Conventions - An Approach to Pre-play Agreements," Papers on Strategic Interaction 2006-29, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
  3. Andreas Nicklisch, 2008. "Semi-collusive advertising and pricing in experimental duopolies," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2008_25, Max Planck Institute for Research on Collective Goods. [Downloadable!]
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This page was last updated on 2009-12-2.

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